Page 14 of 26 FirstFirst ... 4121314151624 ... LastLast
Results 131 to 140 of 252

Thread: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

  1. #131
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Today @ 12:18 PM
    Gender
    Lean
    Independent
    Posts
    16,263

    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by Conservative View Post
    Why don't you tell me how the rich keeping more of what they earn hurts the economy? What do they do with the money?
    IDK, save it during times of economic despair.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  2. #132
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Today @ 07:09 PM
    Gender
    Lean
    Conservative
    Posts
    67,314

    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by Goldenboy219 View Post
    IDK, save it during times of economic despair.
    I don't care either and there seems to be only one class that does, the jealous class. Any money that the rich keep benefits the economy in some way whether or not it goes to investment capital through banks or investment firms, goes to charity to help the poor, or is used by banks to lend to others, It all helps the economy. Some just don't think

  3. #133
    Sage
    UtahBill's Avatar
    Join Date
    Sep 2005
    Location
    Utah
    Last Seen
    12-03-17 @ 01:39 AM
    Gender
    Lean
    Moderate
    Posts
    17,687

    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by Conservative View Post
    Sounds to me like a little class envy. It is more about principle than anything, why penalize producers?
    Short term memory problems? How many times I gotta tell you that we have plenty of money in savings, 6 figure retirement income, and very little debt. We are easily in the top 10-15% based on assets and income.
    IF we had any more, we would just spend it faster. Are YOU stimulating the economy?
    Oracle of Utah
    Truth rings hollow in empty heads.

  4. #134
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Today @ 12:18 PM
    Gender
    Lean
    Independent
    Posts
    16,263

    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by Conservative View Post
    I don't care either and there seems to be only one class that does, the jealous class. Any money that the rich keep benefits the economy in some way whether or not it goes to investment capital through banks or investment firms, goes to charity to help the poor, or is used by banks to lend to others, It all helps the economy. Some just don't think
    IDK= I don't know.

    Tell me how much "business lending" is going on. (I am less interested in your reasoning for it).
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  5. #135
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Today @ 07:09 PM
    Gender
    Lean
    Conservative
    Posts
    67,314

    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by UtahBill View Post
    Short term memory problems? How many times I gotta tell you that we have plenty of money in savings, 6 figure retirement income, and very little debt. We are easily in the top 10-15% based on assets and income.
    IF we had any more, we would just spend it faster. Are YOU stimulating the economy?
    What you do with it is your business. I am sure there are a lot of charities that would love to see that money. Why would you send it to a bureaucrat to waste vs. giving it to your church or a local charity? If you don't know what to do with all that money, send it to me and I will spend it for you.

  6. #136
    Sage
    UtahBill's Avatar
    Join Date
    Sep 2005
    Location
    Utah
    Last Seen
    12-03-17 @ 01:39 AM
    Gender
    Lean
    Moderate
    Posts
    17,687

    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by Conservative View Post
    I don't care either and there seems to be only one class that does, the jealous class. Any money that the rich keep benefits the economy in some way whether or not it goes to investment capital through banks or investment firms, goes to charity to help the poor, or is used by banks to lend to others, It all helps the economy. Some just don't think
    Speaking of class warfare, where does the greedy class fit in? Wall Street financiers produce wealth, yes, for themselves, and usually do so at the expense of unsophisticated investors. Wall Street does not have a level playing field...
    I would very much like to see the average investor abandon Wall Street and invest closer to home...
    Oracle of Utah
    Truth rings hollow in empty heads.

  7. #137
    long standing member
    justabubba's Avatar
    Join Date
    Dec 2005
    Last Seen
    Today @ 03:12 PM
    Gender
    Lean
    Independent
    Posts
    36,176

    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by Conservative View Post
    They took the risk, risk that you wouldn't take so why shouldn't they keep what they earned? How does that hurt you? Looks to me like you want to pick and choose what someone else makes, why? What gives you that right?
    since you asked; what hurts me is that we bailed out those whose investments failed
    the taxes of the middle class were used to cover the losses of the wealthy
    those investors should have sustained a loss, but we covered it so that they would not sustain the financial loss
    without being exposed to loss there was no risk, only a limit to the amount of upside they would enjoy
    we privitized the profits and socialized the profits. that is how it hurt me
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

  8. #138
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Today @ 07:09 PM
    Gender
    Lean
    Conservative
    Posts
    67,314

    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by Goldenboy219 View Post
    IDK= I don't know.

    Tell me how much "business lending" is going on. (I am less interested in your reasoning for it).
    Not much because no one knows what the tax rates will be after the first of the year, how much Obamacare will cost. Why would any business spend money now on hiring or expansion? What do you do with extra money?

  9. #139
    Sage
    UtahBill's Avatar
    Join Date
    Sep 2005
    Location
    Utah
    Last Seen
    12-03-17 @ 01:39 AM
    Gender
    Lean
    Moderate
    Posts
    17,687

    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by Conservative View Post
    What you do with it is your business. I am sure there are a lot of charities that would love to see that money. Why would you send it to a bureaucrat to waste vs. giving it to your church or a local charity? If you don't know what to do with all that money, send it to me and I will spend it for you.
    I would rather stimulate the economy locally, thanks....
    Oracle of Utah
    Truth rings hollow in empty heads.

  10. #140
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Today @ 07:09 PM
    Gender
    Lean
    Conservative
    Posts
    67,314

    Re: Panel Chairmen Recommend Cutting Federal Spending by $200 Billion

    Quote Originally Posted by justabubba View Post
    since you asked; what hurts me is that we bailed out those whose investments failed
    the taxes of the middle class were used to cover the losses of the wealthy
    those investors should have sustained a loss, but we covered it so that they would not sustain the financial loss
    without being exposed to loss there was no risk, only a limit to the amount of upside they would enjoy
    we privitized the profits and socialized the profits. that is how it hurt me
    I don't disagree however the number bailed out is a very small percentage of the population. I don't support bailouts for personal responsibility failures.

Page 14 of 26 FirstFirst ... 4121314151624 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •